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1. voda 7 oktober 2021 07:49

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   US Steel Imports in January-September 2021 Surge by 32% YoY
   
   Strategic Research Institute
   Published on :
   07 Oct, 2021, 6:01 am
   
   Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis data, the American Iron and Steel Institute reported that steel import permit applications for the month of September totaled 2,865,000 net tons. This was an 8.8% increase from the 2,633,000 permit net tons recorded in August and a 3.3% increase from the August final imports total of 2,773,000 net tons. Import permit tonnage for finished steel in September was 2,144,000, up 1.7% from the final imports total of 2,108,000 net tons in August.
   
   Finished steel imports with large increases in September permits vs. the August final imports include line pipe up 107%, oil country goods up 94%, reinforcing bars up 73%, tin free steel up 59%, cut lengths plates up 34%, wire rods up 21% and standard pipe up 17%. In September, the largest finished steel import permit applications for offshore countries were for South Korea 277,000 net tons up 67% from August final, Turkey 113,000 net tons up 57%, Vietnam 109,000 net tons up 50%, Taiwan 97,000 net tons down 7% and Germany 96,000 net tons up 20%.
   
   For the first nine months of 2021, total and finished steel imports were 23,434,000 net tons and 16,358,000 net tons, up 32.8% and 32.3%, respectively, from the same period in 2020. The estimated finished steel import market share in September was 22% and is 20% year-to-date
   
   Products with significant year-to date increases vs. the same period in 2020 include hot rolled sheets up 93%, plates in coils up 72%, light shapes bars up 65%, wire rods up 54%, sheets and strip all other metallic coatings up 54%, cut lengths plates up 51%, oil country goods up 36%, heavy structural shapes up 29%, hot rolled bars up 25%, wire drawn up 24%, cold rolled sheets up 24%, sheets and strip hot dipped galvanized up 20%, reinforcing bars up 14% and tin plate up 12%. Through the first nine months of 2021, the largest offshore suppliers were South Korea 2,073,000 net tons 37% from the same period last year, Japan 741,000 net tons up 26% and Turkey 669,000 net tons up 57%.
2. voda 7 oktober 2021 07:55

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   • voda

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   New Executive Board Takes over at ArcelorMittal Brasil
   
   Strategic Research Institute
   Published on :
   07 Oct, 2021, 6:03 am
   
   Mr Jefferson De Paula has assumed the presidency of ArcelorMittal Brasil, accumulating the position of CEO of ArcelorMittal Aços Longos LATAM and Mineração Brasil and reporting to the CEO of ArcelorMittal Group Mr Aditya Mittal. Mr Jorge Oliveira, in turn, was appointed vice president of the holding and CEO of ArcelorMittal Aços Planos South America, also reporting directly to the CEO of the ArcelorMittal Group Mr Aditya Mittal.
   
   The new president Mr De Paula has been working in the steel industry since the 1980s and has been at ArcelorMittal for 30 years, having held various positions in Brazil, Argentina and Europe. He is a member of the Management Committee of the ArcelorMittal Group and Latin American Steel Association Alacero, Vice President of the Board of Directors of Aço Brasil and Vice-President of the Federation of Industries of the State of Minas Gerais. Mr De Paula has a degree in metallurgical engineering from Universidade Federal Fluminense in Brazil and has executive training at business schools such as Fundação Dom Cabral in Brazil, Universidad Austral IAE School of Business in Argentina, Insead in France and Kellog School of Management of Northwestern University in USA.
   
   Mr Jorge Oliveira, the new vice president and CEO of ArcelorMittal Flat Steel South America, joined the company 34 years ago and, since 2019, was CEO of ArcelorMittal/NS Calvert, in Alabama in United States. He holds a degree in Metallurgical Engineering from Universidade Federal Fluminense and has participated in Executive Programs at Kellogg School of Management in US and Insead in France. Mr Oliveira is also a member of the Board of Directors of Instituto Aço Brasil.
   
   Mr Benjamin Baptista Filho, who occupied the position of President of ArcelorMittal Brasil and CEO Aços Planos South America, retires after 38 years of experience at the company and continues as Chairman of the Group's Board of Directors.

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3. voda 7 oktober 2021 07:56

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   US to Continue AD Duty on CR Steel Imports from 6 Countries
   
   Strategic Research Institute
   Published on :
   07 Oct, 2021, 6:05 am
   
   The US Department of Commerce has announced the final results of the sunset review on the antidumping duty order on cold rolled steel flat products from Brazil, China, India, Japan, South Korea and the UK. The DOC found that revocation of the antidumping duty order on the given product from these countries would be likely to lead to continuation or recurrence of the dumping and the magnitude of the margins of dumping likely to prevail would be weighted average margins up to the following percentages:
   
   Brazil - 35.43%
   China - 265.79%
   India - 7.60%
   Japan - 71.35%
   Korea - 28.42%
   United Kingdom - 25.17%
   
   The antidumping duties for the countries are applicable from October 5.
   
   The products in question are currently classifiable in Harmonized Tariff Schedule of the United States under subheadings 7209.15.0000. 7209.16.0030. 7209.16.0040, 7209.16.0045, 7209.16.0060, 7209.16.0070, 7209.16.0091, 7209.17.0030, 7209.17.0040. 7209.17.0045. 7209.17.0060, 7209.17.0070, 7209.17.0091, 7209.18.1530, 7209.18.1560, 7209.18.2510, 7209.18.2520, 7209.18.2580, 7209.18.6020, 7209.18.6090, 7209.25.0000, 7209.26.0000, 7209.27.0000. 7209.28.0000. 7209.90.0000, 7210.70.3000, 7211.23.1500. 7211.23.2000, 7211.23.3000, 7211.23.4500, 7211.23.6030, 7211.23.6060, 7211.23.6090, 7211.29.2030, 7211.29.2090, 7211.29.4500, 7211.29.6030, 7211.29.6080, 7211.90.0000, 7212.40.1000, 7212.40.5000, 7225.50.6000, 7225.50.8080, 7225.99.0090, 7226.92.5000, 7226.92.7050, and 7226.92.8050
4. voda 7 oktober 2021 07:57

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   Voestalpine Breaks Ground for High Tech Pickling Line in Linz
   
   Strategic Research Institute
   Published on :
   07 Oct, 2021, 6:12 am
   
   Voestalpine is investing EUR 188 million to build a new integrated pickling line in the cold rolling mill BETA 3 at the site in Linz in Austria. The fully automated pickling line with tandem cold mill meets the most stringent Industry 4.0 standards, further increasing the manufacturing quality of high and ultra-high strength steels for the automotive, household goods, and construction industry, as well as for electrical steel used in e-mobility. BETA 3 also sets new sustainability standards: hydrochloric acid takes the place of sulfuric acid for pickling of carbon steel qualities. The required acid is regenerated in a circulatory system using an on-site acid regeneration plant. Today marked the ground breaking ceremony for the multi-million project; BETA 3 is scheduled to commence operation in late 2023. The plant will have an annual production capacity of around 2 million tonnes.
   
   Pickling is a key process in the manufacture of cold-rolled steel strips and is an intermediate step between hot and cold rolling. The acid removes mill scale, a dark oxidation layer which forms on the surface of the steel as it cools after hot rolling and impairs the surface quality of the steel strip and later products.
   
   To date, this process step was undertaken in pickling plant 1 which has been in operation since 1953. Investment in a new facility will allow all the necessary pickling and cold rolling process steps to be integrated into a single facility, shortening the overall processing time, and simplifying the logistics. Previously, it was necessary to transport the hot strip bundles between pickling line 1 and the cold rolling mill 3. The new investment makes this logistical step redundant. Furthermore, BETA 3 makes it easier to process ultra-high strength steel strip, wider strip widths, and smaller strip thicknesses.
   
   BETA 3 will use hydrochloric acid for pickling, rather than sulphuric acid, in accordance with customer specifications. The acid will be regenerated in a circular system, i.e., it will be treated and subsequently reused in the pickling process. A new hydrochloric acid regeneration facility is being constructed at the site for this purpose. Another measure designed to protect the environment is the construction of a sewer overflow: rainwater will no longer be channelled into the sewer system, instead a new drainage system will be built, directing it underground, ie returning it to the ecosystem.
5. voda 7 oktober 2021 07:57

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   • voda

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   Thyssenkrupp Steel Delivers bluemint Steel with Low CO2 Intensity
   
   Strategic Research Institute
   Published on :
   07 Oct, 2021, 6:14 am
   
   German steel maker Thyssenkrupp Steel has reached a significant milestone in the green transformation to climate neutral steel by delivering the first batches of the new bluemint Steel brand with a reduced CO2 intensity to premium bathroom manufacturer Kaldewei from Ahlen. The method for reducing CO2 emissions at the blast furnace, confirmed by the international certifier DNV, enables the CO2 savings to be balanced across a certain amount of the bluemint pure product. The CO2 intensity of such a tonne of steel is reduced by 70%. The Wuppertal Institute for Climate, Environment and Energy, which thyssenkrupp Steel advised on the way to the first climate-friendly product, confirms the benefits of an accounting approach.
   
   With bluemint pure, all direct emissions from production at the Duisburg location are neutralized through savings in the production process, the emissions from upstream chain Scope 3 are retained. These are all emissions that arise during the production and transport of the input materials. The CO2 intensity per tonne is reduced by 1.5 tonnes to 0.6 tonnes, a reduction of a good 70%. This climate friendly effect is achieved through the use of HBI, already reduced sponge iron. This enables a lower use of coal for the reduction process in the blast furnace. In this way, an actual reduction in emissions is achieved.
   
   Thyssenkrupp Steel has had a second route to products with reduced CO2 intensity certified according to the VERIsteel process by TÜV Süd. A high-quality scrap recycling product is used in the blast furnace. Here, too, this technological change will result in absolute CO2 savings at the Duisburg location. And here, too, triggered by a reduction in the use of coal, because correspondingly less is required for melting the scrap in the blast furnace. For each ton of the recycled product, a reduction in CO2 intensity from 2.1 tonnes to 0.75 tonnes is achieved and shown in the balance sheet.
   
   The now delivered CO 2 -reduced steels fit into the comprehensive transformation strategy of thyssenkrupp Steel. The decisive milestone in the transformation from Europe's largest integrated steelworks to climate neutrality will be the replacement of classic blast furnaces with hydrogen-powered direct reduction systems. The commissioning of the first large-scale plant including the melter is planned for 2025.
6. voda 7 oktober 2021 07:58

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   • voda

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   SAIL Rourkela Steel Plant Registers Best Ever Performance in H1
   
   Strategic Research Institute
   Published on :
   07 Oct, 2021, 6:16 am
   
   Steel Authority of India Limited’s Rourkela Steel Plant has registered the best-ever production performance for the April-September 2021 for hot metal, crude steel and saleable steel. SAIL RSP produced 2.101 million tonnes of hot metal, 1.953 million tonnes of crude steel and 1.772 million tonnes of saleable steel. The figures are not only the highest for any half-year, but also a significant improvement of 43%, 38% and 38%, respectively, over H1 of last fiscal
   
   Other Highlights for H1
   
   Sinter production - 3.418 million tonnes
   
   Old Plate Mill – 0.256 million tonnes
   
   New Plate Mill – 0.447 million tonnes
   
   HSM – 0.629 million tonnes
   
   Dispatch of Saleable Steel – 1.789 million tonnes
   
   The Odisha Group of Mines of SAIL RSP also created a host of new records in both production as well as despatch in the H1 for FY 2021-22 by registering total production of 6.764 million tonnes and total despatch of 6.700 million tonnes, which are its best-ever performance for any H1 of a fiscal.
   
   Bolani Ores Mines – Production 3.318 million tonnes & Dispatch of 3.209 million tonnes
   
   Kalta Iron Mine – Production 1.474 million tonnes & Dispatch of 1.528 million tonnes
   
   Barsua Iron Mine – Production 1.207 million tonnes & Dispatch of 1.166 million tonnes
   
   Taldih Ores Mines – Production 0.767 million tonnes & Dispatch of 0.798 million tonnes
7. voda 7 oktober 2021 07:59

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   • voda

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   US Continues CVD on Cold Rolled Steel Flat Imports from India
   
   Strategic Research Institute
   Published on :
   07 Oct, 2021, 6:19 am
   
   As a result of this sunset review, US Department of Commerce determined that revoking the countervailing duty order on cold-rolled steel flat products from India would likely lead to continuation or recurrence of countervailable subsidies at the following rates:
   
   JSW Steel Limited and JSW Steel Coated Products Limited - 10.00%
   
   All Others - 10.00%
   
   On September 20, 2016, US Department of Commerce published CVD Order. On June 1, 2021, the US Department of Commerce published the notice of initiation of the sunset reviews of the Order. On June 14 and 16, 2021, US Department of Commerce e received a notice of intent to participate from Cleveland-Cliffs Inc, United States Steel Corporation, California Steel Industries, Steel Dynamics Inc and Nucor Corporation claiming interested party status under as domestic producers of cold-rolled steel flat products in the United States.
   
   The products covered by this order are certain cold-rolled, flat-rolled steel products, whether or not annealed, painted, varnished, or coated with plastics or other non-metallic substances. Imports of the subject merchandise are provided for under Harmonized Tariff Schedule of the United States categories: 7209.15.0000, 7209.16.0030, 7209.16.0060, 7209.16.0070, 7209.16.0091, 7209.17.0030, 7209.17.0060, 7209.17.0070, 7209.17.0091, 7209.18.1530, 7209.18.1560, 7209.18.2510, 7209.18.2520, 7209.18.2580, 7209.18.6020, 7209.18.6090, 7209.25.0000, 7209.26.0000, 7209.27.0000, 7209.28.0000, 7209.90.0000, 7210.70.3000, 7211.23.1500, 7211.23.2000, 7211.23.3000, 7211.23.4500, 7211.23.6030, 7211.23.6060, 7211.23.6090, 7211.29.2030, 7211.29.2090, 7211.29.4500, 7211.29.6030, 7211.29.6080, 7211.90.0000, 7212.40.1000, 7212.40.5000, 7225.50.6000, 7225.50.8080, 7225.99.0090, 7226.92.5000, 7226.92.7050, and 7226.92.8050.
8. voda 7 oktober 2021 08:00

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   Tata Steel Reports Strong Performance in Q2 & H1 of 2021-22
   
   Strategic Research Institute
   Published on :
   07 Oct, 2021, 6:21 am
   
   Tata Steel India’s crude steel production grew 2% QoQ and 3% YoY in Q2 of 2021-22. Despite seasonal weakness, overall deliveries increased by 12% QoQ on the back of economic recovery post 2nd wave of COVID-19 but deliveries were lower by 8% YoY due to lower exports and stock liquidation focus in the previous year. The company achieved deliveries volume growth across its target segments. Automotive & Special Products segment deliveries increased by 12% QoQ. Branded Products & Retail segment deliveries were higher by 9% QoQ. Tata Steel launched its new and superior rebar Tata Tiscon 550SD for retail customers. Industrial Products & Projects segment deliveries increased by 17% QoQ with increased focus on value added products. Tata Steel Aashiyana, an e-commerce platform for Individual Home builders, registered a 32% QoQ growth with gross revenues of INR 338 crores during the quarter.
   
   Tata Steel BSL achieved highest ever crude steel production, registering a growth of 2% QoQ and 5% YoY. Steel sales volume was marginally lower on QoQ basis due to lower availability of Hot Rolled products with planned shutdown of Hot Strip Mill. Steel sales volume was lower by 13% YoY due to lower exports and stock liquidation focus in the previous year. Tata Steel BSL launched Tata Steelium Super which will enhance Company's presence in the retail segment.
   
   Tata Steel Long Products crude steel production in Q2 increased by 2% QoQ and 4% YoY despite planned maintenance shutdown at Blast Furnace 1. Steel deliveries increased by 4% QoQ. DRI sales volume decreased in line with lower DRI production due to planned maintenance shutdown.
   
   Tata Steel Europe's steel production grew by 19% YoY to 2.56 million tonnes during the quarter, however, it declined by 4% QoQ due to temporary operational issues at both the Netherlands and UK steelmaking sites. Deliveries were lower by 7% QoQ due to seasonal impact as well as slowdown in automotive steel sales amidst microchip shortages & deliveries were lower by 5% YoY due to stock liquidation focus in the previous year.
   
   Tata Steel Southeast Asia's Steel production and sales volume declined by 17% QoQ and 5% QoQ, respectively, primarily due to lockdown in Malaysia and Thailand amidst the spread of COVID-19.
   
   July-September 2021 Quarter
   
   Production – Q2 of 2021-22
   
   Tata Steel India - 4.73 million tonnes up 2% QoQ
   
   Tata Steel Europe - 2.56 million tonnes down 4% QoQ
   
   Tata Steel South-East Asia - 0.49 million tonnes down 17% QoQ
   
   Sales– Q2 of 2021-22
   
   Tata Steel India - 4.64 million tonnes up 12%QoQ
   
   Tata Steel Europe - 2.16 million tonnes down 7% QoQ
   
   Tata Steel South-East Asia - 0.60 million tonnes down 5% QoQ
   
   Tata Steel BSL– Q2 of 2021-22
   
   Production - 1.195 million tonnes up 2% QoQ
   
   Sales - 1.108 million tonnes down 1% QoQ
   
   April – September 2021
   
   Production– H1 of 2021-22
   
   Tata Steel India - 9.36 million tonnes up 23% YoY
   
   Tata Steel Europe - 5.23 million tonnes up 22% YoY
   
   Tata Steel South-East Asia - 1.07 million tonnes up 18% YoY
   
   Sales– H1 of 2021-22
   
   Tata Steel India - 8.79 million tonnes up 10% YoY
   
   Tata Steel Europe - 4.49 million tonnes up 6% YoY
   
   Tata Steel South-East Asia - 1.23 million tonnes up 27% YoY
   
   Tata Steel BSL– H1 of 2021-22
   
   Production - 2.366 million tonnes up 32% YoY
   
   Sales - 2.227 million tonnes up 13% YoY
   
   Tata Steel India includes Tata Steel Standalone. Tata Steel BSL and Tata Steel Long Products without eliminating inter-company transactions.
9. voda 7 oktober 2021 08:01

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   • voda

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   Posco Hosting Green Steel Making Forum HyIS
   
   Strategic Research Institute
   Published on :
   07 Oct, 2021, 6:24 am
   
   South Korean steel giant POSCO is hosting 3 day long Hydrogen Iron & Steel Making Forum 2021 during 6-8 October 2021 at Grand InterContinental Seoul Parnas in Gangnam in southern Seoul in South Korea. Around 1,200 people from 29 global steelmakers and institutions are attending the event to discuss carbon neutrality with hydrogen iron making technologies, policies to reduce greenhouse gases and collaboration in hydrogen iron making technology development. On the first day of the forum, methods of hydrogen-based steelmaking and the hydrogen breakthrough iron making technology project are introduced. On the second day, infrastructure and resources needed to produce green steel, prospects for the future steel industry and ways for global companies to collaborate are scheduled to be discussed. On the final day, forum participants will tour Posco’s Finex 3 plant in Pohang, North Gyeongsang. The forum is being held both offline and online.
   
   Posco CEO Mr Choi Jeong-woo in the opening address of the forum said “Achieving carbon neutrality in the process of steelmaking can be challenging for an individual country or a company to accomplish. But if experts from various fields compete and cooperate, and share the knowledge and experience gained, carbon neutrality in steelmaking can be reached faster than expected. Posco will lead the green steel era by proposing various agendas and platforms through this forum.”
   
   South Korean President Mr Moon Jae-in, delivering a celebratory address via video, also echoed Mr Choi’s call for the steel industry to decarbonize the steelmaking process, and vowed to offer support, citing the country’s 2050 carbon neutral goal. He said “Korea, whose steel industry accounts for a large part of its economy will act first and join the world in accomplishing the mission. For the goal of turning to a net-zero society by 2050, the country will work to close coal-fired power plants earlier than scheduled, and increase the proportion of renewable energy, while expanding the hydrogen economy. Moreover, with a view of turning to clean hydrogen, we intend to switch grey hydrogen to 100 percent blue and green hydrogen and significantly scale up the production of green hydrogen.”
   
   Key Speakers include
   
   Mr Jeong-Woo CHOI, CEO, POSCO
   
   Mr Sung Wook MOON, Minister, Ministry of Trade, Industry and Energy
   
   Mr Sung Whan KIM, Member of the National Assembly
   
   Dr Edwin BASSON, Director General World Steel Association
   
   Mr Alan FINKEL, Special Adviser on Low Emissions Technologies Australian Government
   
   Mr Martin Wenguo PEI, Chief Technical Officer SSAB
   
   Mr Duk-Lak LEE, Sr EVP, Head of Technical Research Laboratories POSCO
   
   Mr Axel EGGERT, Director General EUROFER
   
   Mr Hitoshi DOHNOMAE, Chair, International Environmental Strategic Committee JISF
   
   Mr Xinchuang LI, Vice Secretary General CISA
   
   Mr Thomas BUERGLER, Head of R&D Ironmaking, voestalpine (CEO K1-MET)
   
   Mr Seiji NOMURA, Head of Advanced Technology Research Laboratories Nippon Steel
   
   Mr Jinglei TIAN, Chief Researcher of Low Carbon Green Development Research Center HBIS
   
   Mr Kazuhiro HANAZAWA, Vice President JFE
   
   Mr Prabhat Kumar GHORUI, Sr Vice President Technology Excellence JSW Steel
   
   Ilya PAVLOV, Head of Hydrogen and Innovative Decarbonisation Severstal
   
   Mr Alexander REDENIUS, Head of Division Efficiency of Resources and R&D Coordination Salzgitter Mannesmann Forschung
   
   Mr Pinakin CHAUBAL, Chief Technical Officer ArcelorMittal
   
   Mr Stefan ERDMANN, Chief Technology Officer Outokumpu
   
   Mr Tim PEETERS, Department Manager, Iron and Steel R&D Tata Steel Europe
   
   Mr Rizwan JANJUA, Head Technology World Steel Association
   
   Mr Neil KAVANAGH, Chief Scientist Woodside Energy
   
   Mr Benjamin ELLIS, Head of Marketing Strategy and Technical Marketing BHP
   
   Mr Simon DOWNES, Head of Steel Decarbonization, GM Rio Tinto
   
   Mr Stephen POTTER, Director Metalicos VALE
   
   Mr Vincent LE DIOURON, VP Large Industry, North East Asia Pacific Cluster Air Liquide
   
   Hana MANDOVA, Analyst, Energy Technology Policy Division IEA
   
   Mr Jan Friedemann PLAUL, SVP Iron & Seelmaking, ECO Solutions, Electric Steelmaking Primetals Technologies
   
   Mr Stefano MAGGIOLINO, President & CEO Tenova HYL
   
   Mr Todd ASTORIA, Director Research and Technology Development Midrex Technologies
   
   Mr Hans FERKEL, Member of the Managing Board SMS Group
   
   Mr Andrea ZANINOTTO, Sales Manager Danieli
10. voda 7 oktober 2021 08:03

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    • voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 24 apr 2024

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    US Continues CVD on Corrosion Resistant Steel Imports from India
    
    Strategic Research Institute
    Published on :
    07 Oct, 2021, 5:48 am
    
    The US Department of Commerce has determined that revocation of the countervailing duty order on Corrosion Resistant Steel Imports from India would be likely to lead to the continuation or recurrence of countervailable subsidies. Commerce Department determined that revocation of the CVD order on CORE from India would be likely to lead to the continuation or recurrence of countervailable subsidies at the rates listed below:
    
    JSW Steel Limited and JSW Steel Coated Products Limited - 6.69%
    
    Uttam Galva Steels Limited and Uttam Value Steels Limited -530.74%
    
    All Others - 6.12%
    
    On July 25, 2016, US Department of Commerce had set CVD on CORE from India. The original order had set CVD at 29.49% for JSW Steel and JSW Steel Coated Products, 8% for Uttam Galva, and 18.73% for others. '
    
    In June 2021 Commerce received timely notices of intent to participate from California Steel Industries, Cleveland Cliffs Inc, Nucor Corporation, Steel Dynamics Inc and United States Steel Corporation. The companies claimed interested party status as domestic producers of CORE. On July 1, 2021, Commerce published the notice of initiation of the first sunset review of the CVD order on CORE from India
11. voda 7 oktober 2021 08:48

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    • voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 24 apr 2024

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    Russian Coal Miners Ready to Supply More Coal to Europe
    
    Strategic Research Institute
    Published on :
    07 Oct, 2021, 6:30 am
    
    TASS reported that Russian Railways has the opportunity to increase coal haulage to Europe. It said "European consumers, particularly power companies, requested extra supplies of steam coal from Russia. Infrastructural capabilities of Russian Railways will make it possible to support extra coal export in the western direction if needed. Concerning the railcar fleet, its pool as estimated by Russian Railways is also sufficient for a significant increase in carriage.”
    
    European consumers have requested an increase in steam coal suppliers on the back of record-breaking gas prices.
12. voda 7 oktober 2021 11:04

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    • voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 24 apr 2024

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    Thermal Coal Price Surge Impacting Secondary Steel Makers
    
    After, the unprecedented surge in coking coal prices impacting the steel making costs of primary steel mills in India, recent jump in thermal coal prices, driven by high energy prices & power shortages in many countries is likely to impact the costs of secondary steel makers in India, which primarily procure thermal coal from Coal India but imports some volumes from Indonesia & South Africa, as 1.6 tonnes of thermal coal is used to produce one tonne of sponge iron. Indonesian Coal Index Futures ICI 4 has surged by more than 50% or USD 40 in last 10 days to USD 119, meaning additional sponge making cost of USD 70 or INR 5000 per tonne. Some secondary market players have attributed this as driving force behind last week’s surge of INR 4000-4500 per tonne in steel prices.
    
    Similar surge is seen for Australian & South African thermal coal prices also during last 12 months
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    Australian Government’s Department of Industry, Science, Energy and Resources in Resources and Energy Quarterly September 2021 said “Thermal coal prices have lifted sharply so far in 2021, amidst supply disruptions and growing demand in China, South Korea, Japan and Taiwan. Chinese demand has been supported by a strong domestic recovery, which saw coal use grow faster than domestic supply. This has pushed up China’s coal imports, with the effect on prices magnified by the informal import restrictions imposed on Australian supply. Prices outside China have not reached similar levels, but have still faced some pressure due to an unusually hot northern summer, which has added to electricity use since mid-2021. However, price growth outside of China has occurred, in part due to supply disruptions in Indonesia, South Africa and Australia. As these disruptions pass, and the hot northern summer recedes, prices are expected to edge back late in 2021, falling further through the remainder of the outlook period. The market continues to be marked by high price differentials between 5,500 kcal coal and 6,000 kcal coal, which reached record levels in July, as a result of disruptions to South African and Australian high grade coal supply. On balance, thermal coal prices for Newcastle 6,000kcal product are expected to fall to USD 85 a tonne in 2022 and USD 71 in 2023, with inflated price differentials gradually reducing, though Chinese domestic prices are expected to remain elevated for the foreseeable future.”
    
    Indonesia’s exports are rising despite temporary disruptions
    
    Indonesian thermal coal exports remain on track to easily exceed their 2020 levels, recovering solidly (but not completely) from the effects of the COVID-19 pandemic. However, repeated bouts of heavy rainfall through much of 2021 have disrupted supply, contributing to recent rises in global thermal coal prices. Access to labour has also been affected by COVID-19 and recent containment efforts. Issues with heavy equipment (most notably problems with the floating cranes at Taboneo anchorage) have also affected exports, though this is largely resolved at the time of writing. In an effort to encourage greater production, the Indonesian Government has offered to expand output quotas, providing domestic needs are met. A possible removal of all remaining import restrictions by China may also provide an incentive for Indonesian producers to expand their output over the remainder of 2021 and into 2022. Indonesian exports are expected to grow by at least 80 million tonnes in 2021 as disruptions pass.
    
    Russia’s exports will be supported by improvements in infrastructure
    
    In recent months, Russian exports have been affected by difficulties with its rail network, partly due to seasonal maintenance, but also due to a bridge collapse on the Trans-Siberian railway. However, Russia continues to benefit from Chinese restrictions on Australian supply, gaining a price premium as Russian supply is drawn in as a substitute. Expansion of Russian port capacity (from 36 million tonnes to 50 million tonnes annually) is in progress, and is expected to begin operation in 2022. Additional rail freight capacity connecting Russia to markets in East Asia is also under development, with R.Z.D. (the Russian state rail operator) foreshadowing growth in eastbound volumes from 53 million tonnes in 2020 to 69 million tonnes by 2024. The completion of this export capacity, and the high inherent quality of Russian coal, are expected to increase Russia’s scale and importance as a coal exporter over the coming years.
    
    Colombia’s exports are growing slowly, but face ongoing disruption
    
    Columbian coal output remains well short of its pre-COVID level, with its suppliers continuing to face disruptions. Prodeco, a large supplier, requested permission to reduce supply for up to four years, but the request was rejected by the Government. This led to the company seeking to hand back its mining contracts, adding to market uncertainty. Glencore, which jointly owns the large Cerrejón mining complex, has also faced significant issues: strikes had a big impact in 2020. However, the disruptions appear largely to have passed, with the miner now exporting reliably to Europe, largely in line with its previous volumes. Columbian exports are expected to increase through the final quarter of 2021. However, with demand in the Atlantic market falling significantly, the longer term outlook for Columbian exports will depend on exporters’ capacity to reposition into the Asian market.
    
    US exports have picked up, but long-term cost challenges remain
    
    US exports are recovering strongly, with domestic and international demand pushing suppliers to maximise their output. Exports have been driven by a temporary surge in European demand, which saw prices in the European market reach their highest level for more than 10 years in July. Rising demand in the US domestic market and a shift upward in gas prices, have also supported coal production, though this may pass as an unusually hot northern summer draws to a close.
    
    Bron: Strategic Research Institute

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13. voda 8 oktober 2021 06:58

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    Construction Sector in ASEAN Starts Recovery as COVID Wave Reduces
    
    Strategic Research Institute
    Published on :
    08 Oct, 2021, 5:34 am
    
    The construction sector is vital and is an important driver to a developing region like ASEAN for its growth and prosperity. Construction sector as a whole builds the region with extensive infrastructure and connectivity to support continuous investment in each of its country. South East Asia Iron And Steel Institute said “With all the planned and on going infrastructure mega projects, the ASEAN region is well prepared and in sync for another era of dynamic growth when the pandemic is put to rest. Although there was a disruption of the infrastructure and construction activities in ASEAN region last year and early this year due to the pandemic, now that the administration of each country is ramping up the construction sector in reviving and driving the economy back to tracks.”
    
    Indonesian construction sector resumed positive growth of 4.42% in Q2 of 2021 YoY for the first time since the pandemic hit the country, with strong government expenditure on the public works and public housing, both getting 30% higher budget allocation from the initial budget. The 2021 Government Action Plan to revive the economy has identified construction sector to be the essential sector to support the national priorities strategy. 9 new industrial estates have been planned mostly in the Sumatra and Kalimantan region in the effort to decentralised industry development outside Jawa-Bali region. Roads, airports and infrastructures will be improved on 10 existing tourist destinations of the country. There are 31 new smelters to be constructed mostly on the island of Sulawesi which has large deposits of nickel ore. Construction of various new road and rail projects are underway stretching from the west part to the east part of the Jawa-Bali region to improve the connectivity within and between the region’s major cities. The plan for a new capital city for Indonesia in Kalimantan will be realised soon when infrastructure projects for this initiative are completed in 2024, if everything goes as planned.
    
    Malaysia has made consistently good and steady progress in expanding and modernising its infrastructure under each for its 5 year Malaysia Plan. The construction sector is expected to expand in 2021, as mega infrastructures and affordable housing projects are revived and accelerated after a long restriction on the activities. The sector registered a positive growth of 40.3% in Q2 2021 YoY after the restarted of several large infrastructure projects like the East Coast Rail Link project, Light Rail Transit 3, Mass Rail Transit 2, Electrified Double Track Gemas-Johor Bahru, Klang Valley Double Track Phase 2, Central Spine Road, Pan Borneo Highway and Coastal Highway in Sarawak. Beside these mega projects, positive growth is expected to sustain for year 2021 with the increasing of specialised activities and civil engineering, for example, from one of the solar power project Jalinan Digital Negara (JENDELA) and many other smaller scale projects.
    
    The Philippines Build, Build, Build programme 2016 to 2022, focused on the basic transportation, airports, ports, energy and utilities infrastructure has driven the economy by posting a remarkable growth in the construction sector by 9.7% in 2019. In 2020, the construction sector posted a double-digit contraction 25.7% due to the lockdown during the pandemic. On the road to recovery, the construction sector is expected set a positive growth in 2021 from the revival of the Build Build Build programme back on track. Besides easing congestion in the urban cities of Metro Manila, Metro Davao and Metro Cebu, the objective of the programme is also to seek a more balanced and responsive regional & countryside development for the country. The New Clark City is one of the developments aims to disperse the economic activities that are skewed towards Metro Manila. More property developers are investing outside Luzon and building megacities in the region of Visayas and Mindanao.
    
    Singapore construction sector grew by 106% in Q2 2021 from a low base effect of the pandemic. Upon recovery, the industry is still facing challenges ahead, especially on the foreign worker issue. The government is pushing the industry with a strong pipeline of public residential and civil engineering projects. The public sector will contribute about 65% of the overall construction demand for 2021, coming mainly from the Jurong Region Line, Cross Island Line and Phase 2 Deep Tunnel Sewerage System (Tuas Treatment Plant). Meanwhile, the private sector is seen improving slower as its demand has just picked up alongside with the slow global economic recovery. There will be new hotels, commercial buildings and private properties in the pipeline for the private sector to regain back its momentum as before. To lower the reliance of the foreign workers, the government continue to encourage Design for Manufacturing and Assembly as well as Integrated Digital Delivery in projects.
    
    Thailand construction sector growth hovers around 4.9-5.2% in Q2 2021, softer pace compared to the 2-digit growth registered in previous quarter, as a result of government spending on the ongoing infrastructure projects on road & rail transport across the country as well as irrigation infrastructure. Private sector construction continues to decline for 3 consecutive quarters to Q2 2021 due to sluggish demand for private properties especially demand in condominiums. Continuous strong public spending on the Eastern Economic Corridors EEC will be the major contributor for the 2021 construction growth. The Laem Chabang Deep Seaport is undergoing a Phase 3 upgrading. The EEC initiative will see the developing of U-Tapao as an International Airport and Aerospace Hub. 3 Hi Speed Rail linking 2 Bangkok airports at Don Mueang and Suvarnabhumi with U-Tapao International Airport are currently under construction. Expansion of the existing Mab Ta Phut Industrial Deep Seaport has started to cater for higher capacity of shipment.
    
    Vietnam has the best performing construction industry in this ASEAN region. Last year while the pandemic had downed the construction industry to negative growth in all of its neighbouring countries, Vietnam managed to maintain a comfortable growth of about 5.0%. This year Vietnam plans to accelerate its expenditure on infrastructure projects that focus on improving regional connectivity through the development of rail, road and air transport infrastructure. The construction of My Thuan, CanTho Highway and Trung Luong My Thuan Can Tho Expressway has just started recently to improve the connectivity of major cities. A new international airport Long Thanh will be built near to the country economic hub Ho Chi Minh City. Beside this, the capital city of Hanoi and Ho Chi Minh City are building its transit system to ease the worsening congestion in the cities.
14. voda 8 oktober 2021 06:59

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    TMK to Expand Tubular Portfolio with Weatherford Expertise
    
    Strategic Research Institute
    Published on :
    08 Oct, 2021, 5:37 am
    
    Russian Pipe Metallurgical Company TMK and Weatherford LLC have entered into a framework agreement of a technological cooperation for the provision of services in the oil and gas industry for Russian and foreign markets. The document was signed by the parties at the St Petersburg International Gas Forum 2021. The Agreement documents the intention of both parties to work together in jointly determining applications and solutions that can benefit from the introduction of new technologies for oilfield services. TMK can inform partners about its technical and operational tasks and make recommendations on the use of Weatherford technologies. In turn, Weatherford can offer its technological solutions as part of the implementation of various TMK projects. The cooperation will be managed by a technological coordinating committee, which will include representatives from both companies.
    
    The high technological level and colossal experience of Weatherford will allow TMK to expand the portfolio of TMK projects. Customers will have access to a wider range of premium oilfield services rendered in accordance with the best international safety and environmental standards
    
    Weatherford’s has roots in tubular running services and it continues to be the global leader in this domain with technological advancements including autonomous connection make-up provided by Vero automated connection integrity.
15. voda 8 oktober 2021 07:08

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    Arkan & Emirates Steel Industries Complete Merger
    
    Strategic Research Institute
    Published on :
    08 Oct, 2021, 5:40 am
    
    UAE’s Arkan Building Materials Co has completed its merger with Emirates Steel Industries, after receiving shareholder and regulatory approvals. The merger was first announced in May this year when ADX-listed Arkan said its board of directors has received an offer to merge the two firms in exchange for the issuance of an instrument that would automatically convert into approximately 5.1 billion ordinary shares in Arkan’s capital. Senaat also wholly owns Emirates Steel. Following the merger, Senaat will potentially own 87.5 percent of the combined entity’s share capital. The merged entity will have total assets worth AED 13 billion (USD 3.54 billion).
    
    Arkan is 51% owned by Senaat Holding Company, which is backed by state-owned holding company ADQ. Senaat is an industrial conglomerate that manages billions of dirhams in assets, operating in various industries, including metals, oil, construction and food and beverage manufacturing.
16. voda 8 oktober 2021 07:08

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    Nippon Steel Plates for Buildings Structures Secure EcoLeaf Seal
    
    Strategic Research Institute
    Published on :
    08 Oct, 2021, 5:42 am
    
    Nippon Steel Corporation has obtained the EcoLeaf environmental label certification from the Sustainable Management Promotion Organization, SuMPO, in the categories of "Steel Plates for Building Structures (JIS, EN, and ASTM standards)" and "Steel Plates for Building Structures (product standards approved by the Minister of Land, Infrastructure, Transport and Tourism)" typified by high tensile steel plates for building structures (BT-HT series). These are the first EcoLeaf Certificates for steel plate products.
    
    Nippon Steel's steel plates for building structures cover almost all JIS standards and product standards approved by the Minister of Land, Infrastructure, Transport and Tourism. They are used as steel frame materials to support the structures of various buildings including high-rise buildings, warehouses, factories, schools, and hospitals. As the leading manufacturer of steel plates for building structures, we offer solutions to a wide range of customer needs, such as improving safety, reducing construction time, and extending the service life of buildings with our extensive product line up and reliable quality.
    
    EcoLeaf is an Environmental Product Declaration certification system that uses the Life Cycle Assessment methodology to show quantitative environmental information covering the entire lifecycle of a product, from resource extraction to manufacturing/assembly, distribution, use, discarding, and recycling. This allows our customers to objectively assess the environmental burden throughout the lifecycles of the products they use.
    
    Since December 2019, when Nippon Steel first obtained the EcoLeaf environmental label for H-shapes, Nippon Steel has obtained a total of 17 EcoLeaf environmental certificates, including for products other than construction materials. By obtaining the certification this time for steel plates for building structures, in addition to H-shapes and SMart BEAM, Nippon Steel’s core products used for structural building components are now all certified.
17. voda 8 oktober 2021 07:09

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    TMK VTZ Develops Seamless Pipes for Low Temperature Application
    
    Strategic Research Institute
    Published on :
    08 Oct, 2021, 5:47 am
    
    Russian Pipe Metallurgical Company TMK’s Volzhsky Pipe Plant has mastered the production and successfully certified high strength steel seamless pipes in cold resistant design from chromium-nickel containing steel of the 13CrL type of its own production at Gazprom VNIIGAZ LLC. High-tech casing pipes made of martensitic steel of strength groups P110 and R95 with TMK UP FMC and TMK UP PF high-tight threaded connections are designed for operation in extreme conditions. In particular, in cold climatic conditions with temperatures up to minus 60 degree Celsius, as well as in deposits containing carbon dioxide in the extracted products.
    
    The entire technological process, from steel smelting to acceptance tests, was organized in cooperation with specialists from Gazprom VNIIGAZ LLC.
    
    As large number of specific orders are received with stricter requirements for pipe products, new restrictions appear both on the chemical composition of steel and on various performance characteristics of the metal. To meet the needs of the oil and gas industry, new competencies are required from pipe companies. As part of cooperation with Gazprom, VTZ has developed a technology for the production of its own continuously cast billets and pipes from martensitic steels. While mastering new products, the specialists of the plant and TMK introduced a number of new technical solutions that allowed increasing productivity and reducing the metal consumption ratio.
18. voda 8 oktober 2021 07:09

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    Reliance Steel & Aluminum Appoints Mr Dellaquila to Board
    
    Strategic Research Institute
    Published on :
    08 Oct, 2021, 5:49 am
    
    Leading North American metal solutions provider and the largest metals service center company Reliance Steel & Aluminum Co announced the appointment of Mr Frank J Dellaquila, 64, to serve as an independent director. Mr Dellaquila’s term took effect on October 5, 2021 and will expire at the 2022 Annual Meeting of Stockholders. Mr Dellaquila will serve on Reliance’s Audit Committee and the Board has designated him as an audit committee financial expert. Following the appointment of Mr Dellaquila, Reliance’s Board will be comprised of 12 members, 10 of whom are independent.
    
    Mr Dellaquila is the senior executive vice president and chief financial officer of Emerson Electric Co, a technology and engineering company providing solutions across a broad range of industries and markets. He joined Emerson in 1991 and previously held other executive positions with the company before being named CFO in 2009. Mr Dellaquila earned a Bachelor of Science degree in accounting from Fordham University and a master of business administration in finance from Columbia University.
    
    Founded in 1939 and headquartered in Los Angeles in California, Reliance Steel & Aluminum Co, through a network of approximately 300 locations in 40 states and 13 countries outside of the United States, provides value-added metals processing services and distributes a full-line of over 100,000 metal products to more than 125,000 customers in a broad range of industries.
19. voda 8 oktober 2021 07:10

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    ArcelorMittal CLN & Nuova Eletrofer form Electrical Steel Venture
    
    Strategic Research Institute
    Published on :
    08 Oct, 2021, 5:53 am
    
    ArcelorMittal CLN Distribuzione Italia and Nuova Eletrofer have teamed up to give life to a new initiative Electrical Steel Service Solution. eSSS will accompany the development of the electric steel market for Industry and E-Mobility, thanks to the know-how of the two founding partners. eSSS provides a complete range of technical and industrial services, offering support to customers' decarbonisation and Sustainability projects.
    
    ArcelorMittal CLN Distribuzione Italia is the reference point in the distribution of flat products in low carbon steel. With a national footprint, it offers the widest range of rolled steels and processes in the area and collaborates with all the main world steel mills.
    
    Nuova Eletrofer, manufacturer of cores for transformers, boasts over 50 years of experience in blanking magnetic laminations, with grain oriented and non grain oriented, of all thicknesses and magnetic performances.

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20. voda 8 oktober 2021 07:11

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    Tenova to Supply Walking Beam Furnace to Jindal United Steel
    
    Strategic Research Institute
    Published on :
    08 Oct, 2021, 6:00 am
    
    Leading technologies and equipment supplier for the world of industrial furnaces Tenova Italimpianti has received a contract for a new Walking Beam Furnace of 340 tonnes per hour for Jindal United Steel Limited, a company specialized in hot rolling and cold rolling of a wide set of stainless steels in Jajpur in Odisha in India. The furnace has been designed to charge the stainless steel product grade series 200, 300 and 400 as well as the carbon and low carbon steel, austenitic and ferrite families, in order to comply with JUSL various production needs.
    
    This furnace achieves optimum thermal quality of products, with maximum efficiency, high performances in all running conditions and ease of maintenance. Moreover, it can be fired with several gases allowing the furnace to be ready for future feeding.
    
    The installed combustion system is designed in order to optimize performances (flame characteristics, efficiency and pollutant emissions) in function of the fuel and burner location (frontal, lateral or radiant application). The multi-level automation control system optimizes heating practices, regulating fuel consumption and scale production.